Reed

Oil & Gas Property in Sterling County, TX

Property Summary

Key data points for Reed

CountySterling County, TX
Production DatesJan 2014 - Nov 2025
Total Oil Production109,561 BBLs
Total Gas Production506,706 MCF
Recent Oil Production163 BBLs in Oct 2025
Recent Gas Production1,651 MCF in Oct 2025
Wells on Property8

Our Valuation Estimates for Reed

ShaleAssessment

$19,292 *

MarketMultiple

$34,729 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed
from Jan 2014 to Nov 2025

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-431-31035REED, M.C. 1HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.882859-101.036913
42-431-31045REED, M.C. 1AHEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.882964-101.036032
42-431-31066REED, M.C. 2HEXAGON OIL AND GAS INC.Plugged Oil WellSterling County, TX31.897627-101.036323
42-431-31087REED, M. C. 3HEXAGON OIL AND GAS INC.Dry HoleSterling County, TX31.908513-101.040227
42-431-31093REED, J. C. 1MARATHON OIL COMPANYDry HoleSterling County, TX31.865557-101.059650
42-431-31297REED 5 1QUANAH PETROLEUM INC.Permitted LocationSterling County, TX31.913957-101.089044
42-431-31968REED 11 1KEYSTONE ENERGY OIL & GAS, INC.Dry HoleSterling County, TX31.897820-101.038035
42-431-33379REED 14 1001HTREK RESOURCES, INC.ProducingSterling County, TX31.886648-101.048618

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-27279REED, M. C.KEYSTONE ENERGY OIL & GAS, INC.Sterling County, TX
08-27291REED, M. C.BAKER OPERATING, INC.Sterling County, TX
08-45026REED 14ENDURING RESOURCES, LLCSterling County, TX
08-45108REED 14TREK RESOURCES, INC.Sterling County, TX

Nearby Properties

These are the closest 11 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaldwellSterling County, TX10 BBLs838 MCFNov 2025
Cole RanchesSterling County, TX383 BBLs3,448 MCFNov 2025
Davis HeirsSterling County, TX94 BBLs1,962 MCFNov 2025
DorseySterling County, TX134 BBLs0 MCFNov 2025
GunterSterling County, TX142 BBLs3,625 MCFNov 2025
H&H RanchSterling County, TX901 BBLs10,611 MCFNov 2025
MargaretSterling County, TX46 BBLs1,689 MCFNov 2025
McEntireSterling County, TX22 BBLs1,622 MCFNov 2025
StromanSterling County, TX868 BBLs8,181 MCFNov 2025
Virginia City ColeSterling County, TX451 BBLs7,682 MCFNov 2025
WilkinsonSterling County, TX52 BBLs4,309 MCFNov 2025

Frac'ing activity on Reed

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-431-33379Reed 14 #1001H

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DUNN JUDY WALLACE FAMILY TRUSTREED 14 #1001HENDURING RESOURCES
2025TREK RESOURCES INCREED 14 #1001HENDURING RESOURCES
2025FULGHUM KELLY REEDREED 14 #1001HENDURING RESOURCES
2025FULGHUM KELLY REED GST TRUSTREED 14 #1001HENDURING RESOURCES
2025REED THOMAS CREED 14 #1001HENDURING RESOURCES
2025REED THOMAS C GST TRUSTREED 14 #1001HENDURING RESOURCES

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45108REED 14Oct 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14Sep 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14Jun 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14May 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14May 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2025NGL CRUDE ASSETS AND MARKETING, LLCTREK RESOURCES, INC.
08-45108REED 14Apr 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Mar 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Feb 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2025NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Jan 2025CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Dec 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Nov 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Oct 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Sep 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.
08-45108REED 14Aug 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024CANES MIDSTREAM G&P LLCTREK RESOURCES, INC.
08-45108REED 14Jul 2024NGL CRUDE LOGISTICS, LLCTREK RESOURCES, INC.